Ariba
Stories by Ariba
Alibaba’s South Asian e-commerce giant Daraz said to have announced layoffs
As of last year, Daraz reportedly employed 3,000 employees across its geographies.
Pakistani fintech startup Trukkr raises $6.4m, gets lending licence
The seed funding round was led by U.S.-based Accion Venture Lab and London-based Sturgeon Capital.
PSX’s GEM Board sees slow start as low investor base and depth of market hit prospects
The STAR Market-style GEM Board was set up in Pak in 2021 but has seen only three listings so far.
Pakistan’s edtech conundrum: how to win paying customers?
Private sector spending on education in Pakistan is mostly in the physical, and not the digital, space.
After Pak, Alibaba-backed Daraz looking to play on sports in Bangladesh
The online marketplace has bagged exclusive broadcasting rights for the BPL T20 matches.
Startup funding in Pakistan drops slightly in 2022, but exits score a record: Magnitt
Pakistan recorded six exits, exceeding the total exits reported in the last four years combined.
Bangladesh startup fundraising falls 74% YoY to $109m in 2022
Fintechs amassed the highest funds — $66.77m, which included ShopUp’s $63m Series B4.
sAi Venture Capital, Plutus21 team up for tech investment opportunities in Pakistan
sAi Venture Capital is one of the few VCs in Pakistan relying entirely on local LPs for capital.
China Mobile launches PayMax, a digital payments solution, in Pakistan
China Mobile owns the Pakistani telecom player Zong 4G.
Pakistani tax filing portal Befiler raises $1.5m seed funding
The startup plans to use the funds to expand its product and service offerings to customers.